Guarantee Arrangements (Tables)

9 Months Ended

Sep. 30, 2024

Non-Contingent Portion

Guarantor Obligations [Line Items]

Schedule of Provision for Losses on Customer Guarantees

Changes in the Company’s stand ready obligations (non-contingent) to perform under guarantees were as follows (in millions):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
Balance at beginning of period	$	12.4		$	12.1		$	12.4		$	12.2
Provision for new credit guarantees		0.8			0.8			2.1			2.2
Changes to pre-existing guarantees, net		(0.9	)		0.2			(1.3	)		0.3
Amortization of previous guarantees		(0.2	)		(0.8	)		(1.0	)		(2.3	)
Foreign currency translation		0.1			(0.1	)		—			(0.2	)
Balance at end of period	$	12.2		$	12.2		$	12.2		$	12.2

Contingent Portion

Guarantor Obligations [Line Items]

Schedule of Provision for Losses on Customer Guarantees

Changes in the Company’s off-balance sheet credit loss exposure (contingent) related to its guarantees were as follows (in millions):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
Balance at beginning of period	$	5.4		$	6.0		$	5.8		$	6.3
Provision for new credit guarantees		0.4			0.4			0.9			1.2
Changes to pre-existing guarantees, net		(0.5	)		(0.7	)		(1.3	)		(1.8	)
Foreign currency translation		0.1			—			—			—
Balance at end of period	$	5.4		$	5.7		$	5.4		$	5.7